TSX:SRU.UN - Post by User
Comment by
EstevanOutsideron Nov 09, 2020 8:03pm
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Post# 31867864
RE:RE:RE:RE:How long until a $30 handle with Pfizer vaccine?
RE:RE:RE:RE:How long until a $30 handle with Pfizer vaccine?possibly, but Smartcentres in Montreal were packed the entire scamdemic so I am not worried. Smartcentres was able to maintain a low payout ratio during the heigh of scamdemic. I think we can tell by positioning today into "boomer stocks" this was not a one-off incident but a sector rotation back into yielding plays that are inching towards a much safer future. SRU is a low risk high yielding play in an era of record low rates.
I don't expect this to be a one-off incident but we'll see.
I sold some slow moving stuff to jump deeper into SRU and an energy play at open.
My expectation is SRU is at a pre-covid valuation well before the vaccine is released to the public.